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The Anil Ambani Group May Add To Yes Bank’s Troubles
Yes Bank’s exposure to the Anil Ambani group may approximate about 37 percent of tier-1 capital.
Private sector lender Yes Bank Ltd., which reported a large loss in the fourth quarter of last financial year, may see pain emerging from its exposure to the Anil Ambani Group.That exposure, according to information provided by the bank’s management in investor interactions held this week, could be close to Rs 13,000 crore, said three people familiar with the conversations, at least two of whom were part of direct conversations with ...
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